/ E-Retailers

The retail chain expects to pay $429 million for the web-only Drugstore.com, which has struggled to post consistent annual profits since being launched in 1999. Walgreens expects the deal to boost its aggressive efforts in online retailing and mobile commerce.

The retail chain expects to pay $429 million for the web-only Drugstore.com, which has struggled to post consistent annual profits since being launched in 1999. Walgreens expects the deal to boost its aggressive efforts in online retailing and mobile commerce.